NEW YORK CITY—Brooklyn just got a little sweeter.
Koppers Specialty Chocolate Co. has agreed to relocate to the borough's Sunset Park neighborhood in a 50,000 square-foot lease for Liberty View Plaza, at 850 Third Ave. Currently, the chocolatier is in Manhattan's Greenwich Village in a 30,000 square-foot space.
As part of the deal, Empire State Development, New York State's economic development agency, will provide the company with up to $556,000 in performance-based Excelsior Jobs Program Tax Credits. Kalmon Dolgin Affiliates and Newmark Grubb Knight Frank were tapped last year by Salmar Properties as co-exclusive brokers for Liberty View Plaza, an eight-story, one million-square-foot property.
Neil Dolgin and Jeffrey Unger of Kalmon Dolgin are marketing the property, along with the team of Howard Kesseler and Jordan Gosin of NGKF. “We are thrilled to have been able to assist this home-grown company expand and remain in New York City,” says Dolgin. “It's wonderful that Koppers Chocolate will continue to thrive and grow in the New York State.”
“We are very excited to be moving to the Liberty View Plaza in Sunset Park,” adds Jeff Alexander, a principal of Koppers Chocolate. “It is a beautiful, state-of-the-art building, with wonderful owners, and will enable us not only to maintain the highest quality production, but to have efficiencies, and grow our business.
Liberty View Industrial Plaza recently underwent a top to bottom, $100 million renovation, and offers some of the largest floor plates available in the metropolitan region of up to 160,000 square feet, and up to a million square feet of contiguous modern space. New tenants of Liberty View Plaza are eligible to receive major tax incentives and benefits, including the NYC Relocation and Employment Assistance Program, which enables tenants who relocate from Manhattan or anywhere outside NYC or from overseas to receive a tax credit of $3,000 per employee each year for 12 years.
Public transportation is blocks away with the D, N & R subway lines and the property is one stop from the Long Island Rail Road, Atlantic Terminal Station and the new Barclay's Center. It is close to the Brooklyn Battery Tunnel and the Manhattan and Brooklyn Bridges and is within 30 minutes of all major airports.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
